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CAE 574 - Economic Decision Analysis in Civil Engineering

Course Title: 

Economic Decision Analysis in Civil Engineering

Course Description: 

Basic economic concepts including interest calculations, economic comparison of alternatives, replacement decisions, depreciation and depletion, tax considerations, and sensitivity analysis. Evaluation of public projects, the effect of inflation, decision making under risk and/or uncertainty, economic decision models. Case studies from the construction industry.

Credit: 

(3-0-3)

Prerequisite: 

None

Corequisite: 

None